You could person to person as much as you wanted. Sometimes, Neteller would call to ask questions.
You could also move a million to pinnacle and have it picked up a day later...
I highly doubt Neteller is giving the US individual acct records. If they do, their business is over worldwide. Also, they would get sued repeatedly as their is no court order, subpeono or indictment. Most likely Neteller refused for privacy reasons (Every big company does) and the two sides agreed on a forensic accountant to go over the records and determine a fine from US use. There is no lawyer who would advise Neteller to hand over the records without a court order.
Sean
You could also move a million to pinnacle and have it picked up a day later...
I highly doubt Neteller is giving the US individual acct records. If they do, their business is over worldwide. Also, they would get sued repeatedly as their is no court order, subpeono or indictment. Most likely Neteller refused for privacy reasons (Every big company does) and the two sides agreed on a forensic accountant to go over the records and determine a fine from US use. There is no lawyer who would advise Neteller to hand over the records without a court order.
Sean
If you gain residency in Canada, you can change your account to Canadian, but you need bank, license, utility bill, proof of residence, phone, etc... Problem is Neteller is very very strict about this. Opening a new $0 balance account, is another story.
They are abundantly strict on moving your account to a new country.
Sean
They are abundantly strict on moving your account to a new country.
Sean
No.
DOJ says - we want all the records.
NT says - no can do... WE have privacy rules... (Google, yahoo, every major company has told the gov, buzz off and eventually handed over records with no names, etc)
They argue for a while.
NT recommends a forensic accountant to go over records and validate how much neteller made.
DOJ agrees so long as accountant can look for terrorist, laundering, drug, trafficking, etc type transactions.
NT agrees that if for accountant finds suspect transactions, they will be put aside and then DOJ can get court order/subpoeno for those records.
The above makes sense. NT saves face and DOJ gets what it really wants.
Even in todays do whatever you want government, no court would order records from 1million plus people turned over with less than .1% committing crimes...
If NT just handed over all the records, the FBI has people to look at them - no need for an outside accounting company.
Sean
DOJ says - we want all the records.
NT says - no can do... WE have privacy rules... (Google, yahoo, every major company has told the gov, buzz off and eventually handed over records with no names, etc)
They argue for a while.
NT recommends a forensic accountant to go over records and validate how much neteller made.
DOJ agrees so long as accountant can look for terrorist, laundering, drug, trafficking, etc type transactions.
NT agrees that if for accountant finds suspect transactions, they will be put aside and then DOJ can get court order/subpoeno for those records.
The above makes sense. NT saves face and DOJ gets what it really wants.
Even in todays do whatever you want government, no court would order records from 1million plus people turned over with less than .1% committing crimes...
If NT just handed over all the records, the FBI has people to look at them - no need for an outside accounting company.
Sean
Sean is being completely sensible and clear. There is no contradiction in his posts. They are in fact almost identical, let alone contradictory. There will always be a number of people that want to stir up fear and think the worst. I remember Paypal had some people making outrageous claims as well.
If you want to believe the worst I suggest get life insurance and put me down as the beneificiary and I'll pay the premiums. Every doctor I talk to says pessimism is directly linked to early death. Just tell me where to send the premium checks and we'll be good to go. Remember, the world is ending!
If you want to believe the worst I suggest get life insurance and put me down as the beneificiary and I'll pay the premiums. Every doctor I talk to says pessimism is directly linked to early death. Just tell me where to send the premium checks and we'll be good to go. Remember, the world is ending!
Makes even more sense since NEteller is paying for the accounting company - obviously neteller had to get something to do this.
When the FBI busts a drug dealer, they don't say hey drug dealer, hire an accounting company and tell us what they find - the FBI just goes over the records....
In this case, I don't think the FBI has the records.
Sean
When the FBI busts a drug dealer, they don't say hey drug dealer, hire an accounting company and tell us what they find - the FBI just goes over the records....
In this case, I don't think the FBI has the records.
Sean
Neteller was never charged with anything....I don't believe the Feds have the records either.....but we can only speculate as to what information was requested and agreed to be supplied by Neteller thru the accountants. Still think they are going after big time game only...not the 1 million goldfish gambling losers. Large peer to peer xfers over time....large amounts going to non-gambling entities that were set up only to shuffle money....etc.
I think a lot of people are making a bigger deal about this than it is. The way I read the press release is
" don't sue us and don't ask us for more updates. we should have more information in 2 1/2 months.'
What happenes if the forensic accounting firm does find that some accounts were used for money laudering purposes. Thaen there is no telling how long it might be before we get piad. As it is, I can't see any of us getting our money until August
" don't sue us and don't ask us for more updates. we should have more information in 2 1/2 months.'
What happenes if the forensic accounting firm does find that some accounts were used for money laudering purposes. Thaen there is no telling how long it might be before we get piad. As it is, I can't see any of us getting our money until August
If the DOJ really want to go after terrorists, drug lords and money lauderers, why don't they just investigate the governement?
I mean is that such a secret the CIA has always dealt drugs ? Do terrorists manipulate the stock market or create inflation?
And tell me again who gave stand down orders in the presence of Norman Mineta when a plane approached washington on 911 ?
Did the terrorists shut down too the missiles batteries protecting the pentagone?
I mean is that such a secret the CIA has always dealt drugs ? Do terrorists manipulate the stock market or create inflation?
And tell me again who gave stand down orders in the presence of Norman Mineta when a plane approached washington on 911 ?
Did the terrorists shut down too the missiles batteries protecting the pentagone?
